HomeMy WebLinkAbout20-136 - ADMIN Resolution - City Council - 2020/09/21Resolution No. 20-136
Resolution approving 2021 preliminary property tax levy,
and setting public hearing date for
the 2021 budget and final property tax levy
Whereas, The City of St. Louis Park is required by Charter and State law to approve a
resolution setting forth an annual tax levy to the Hennepin County Auditor; and
Whereas, Minnesota Statutes require approval of a preliminary property tax levy on or
before September 30th of each year; and
Whereas, the city council has received the proposed budget information;
Be it further resolved that the truth in taxation public hearing will be held on December
7, 2020; and
Be it further resolved that the City Council of the City of St. Louis Park, Hennepin
County, Minnesota, that the following sums of money be levied for collection in 2021 upon the
taxable property in said City of St. Louis Park for the following purposes:
And
Be it further resolved that the chief financial officer is hereby authorized and directed
to transmit this information to the County Auditor of Hennepin County, Minnesota and the
Minnesota Department of Revenue, if applicable, in the format requested as required by law.
Reviewed for administration: Adopted by the City Council Sept. 21, 2020
Thomas K. Harmening, city manager Jake Spano, mayor
Attest:
Melissa Kennedy, city clerk
TAX CAPACITY BASED TAX LEVY
General Fund 29,906,485
Debt Service 4,410,815
Capital Replacement Fund 1,567,700
Park improvement Fund 860,000
Employee Benefits Fund 150,000
TOTAL TAX CAPACITY BASED TAX LEVIES 36,895,000
DocuSign Envelope ID: F1FE787C-CA74-4F8F-B2E3-4C1409CA954A